Plan Ledger DOL Form 5500 · updated monthly

High Point Treatment Center, Inc.403(b)

HIGH POINT TREATMENT CENTER, INC. 403(B) PLAN · NEW BEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.99%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

High Point Treatment Center, Inc. reported $103,895 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $334 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.99%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,753rd of 2,726), and the 5,220th of 11,911 in health care & social assistance. In 2024, employees put in $5.13 for every $1.00 the employer contributed; active participation has grown from 1,101 to 1,281 since 2022.

Plan summary
Net assets, end of year$11,762,325
Participants with balances1,237
Active participants1,281
Employer contributions$427,944
Employee contributions$2,194,115
Employer contribution per active participant$334
Average account balance$9,509
Benefits paid to participants$1,447,609
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 1,237 accts · $428K emplr
2023$9.3M · 1,089 accts · $450K emplr
2022$6.9M · 967 accts · $284K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,066
Investment management$37,829
Total administrative$103,895
Employer contributions to the High Point Treatment Center, Inc. plan · 2024
Employer contribution per active participant$334
Median for plans this size$2,416
2024$334 per active participant
2023$399 per active participant
2022$258 per active participant

High Point Treatment Center, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$66,066
MMA SECURITIES LLC · Investment advisory (plan)$37,829
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$103,895 · 0.99%
2023$89,638 · 1.11%
2022$69,612 · 0.97%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Regional Home Care, Inc. MA$12.2M · 0.88%
Lifestream, Inc. MA$11.9M · 0.04%
Lynn Community Health Inc MA$11.8M · 0.68%
Westmass Eldercare, Inc. MA$11.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043357938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.